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Emily Hayes

CEO Emily Hayes Homes | Emily Hayes Homes | Keller Williams | PLACE

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42 W 500 N , Salt Lake City, UT 84103
$985,000
Est. Payment: $2,188.89/mo
6 Bed
4 Bath
2688 Sqft
Status: Active | Days on site: 126
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70796 - 75186,86676
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House Description

Prime Investment Area with good income, in Salt Lake City behind Utah State Capital and the highly desired Marmalade District! Live, work, and invest here! Gorgeous view of the Capital, Park, Mountains, & Valley, this REMODELED Triplex + Studio INTERIOR has been recently RENOVATED & UPDATED from the Studs Up! 2023 NEW- Plumbing, New Electrical, double pane Windows, Walls, Fixtures, HVAC, Lighting, Appliances & more finished with required permits! "Don't Judge A Book By It's Cover!" The Exterior still could use some paint & updates, but the value that has been added to this interior is great investment! The hardest part is done! Approved as a Legal non-conforming Triplex + Studio Apt w Separate Basement Entrance. RENTAL INCOME as much as $6620 per month. Largest Unit #40 Rent $2520 is (easy vacant for showings) has studio apt with 7th Room (non-egress). Unit #42 Rents $1800 has tenants., Unit #44 Rents vary seasonally averages $2200 Furnished (bottom west side). Tenant occupied units need at least 24 Hr notice. Please don't bother tenants. Buyer to verify all. Square footage figures are provided as a courtesy estimate only and were obtained from County . Buyer is advised to obtain an independent measurement.

Highlights

Listed by Cherie Orellana , 801-231-1843 and Wendy Bradshaw , 801-231-6696 Platinum Place Realty , 801-231-1843.

Property Type

Residential

Lot/Acreage
0.09

Year Built

1938

County

Salt Lake

Area

Salt Lake City: Avenues Area

School District

Salt Lake

Listing ID

2154730

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:4
  • Full Bathrooms:
Appliances:Window Coverings
Other:
  • Kitchen:Second, Updated
  • Range/Oven:Free Stdng.
  • Dishwasher:Built-In
  • Additional:Basement Apartment, Disposal, Mother-in-Law Apt.
Water:Culinary

Exterior Features

Lot:Corner Lot,Curb & Gutter,Fenced: Part,Road: Paved,Secluded,Terrain: Grad Slope,View: Mountain,View: Valley
Lot Dimensions:0.0x0.0x0.0
Garage Capacity:4
Zoning:R-2
Roof:Asphalt,Pitched
Others:
  • Patio:Covered
  • Porch:Open
  • Additional:Basement Entrance, Double Pane Windows, Blt./Standing
Sewer:Sewer: Connected,Sewer: Public
Parking Features:Parking: Uncovered,Detached,Storage Above
Principal Interest
$2,189
Taxes
$325

Home Price

$985,000

Loan Details

30 yrs
%

Down Payment

20%
$197,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,188.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,188.89 $324.75 $0.00 $2,513.64
Yearly $26,266.67 $3,897.00 $0.00 $30,163.67
Total $788,000.00 $116,910.00 $0.00 $904,910.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Salt Lake City, UT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.